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House Panel Crafting Bill to Limit IRA Savings
Treasury & Risk; registration may be required
July 9, 2021 "House Ways and Means Committee Chairman Richard Neal, D-Mass., is mulling legislation that would limit 'the total amount of money that can be saved in tax-preferred retirement accounts, and putting an end to the tax dodging some do when saving in IRAs' ... Senate Finance Committee Chairman Ron Wyden, D-Ore., also plans to reintroduce legislation he floated in 2016 that would have limited the amount of money that could be invested in Roth IRAs[.]" |
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